Russian giant eyes Zim Gems

Russian giant eyes Zim Gems
Published: 18 June 2018
The world's largest diamond producer by output, Alrosa of Russia, is interested in investing in exploration and mining in Zimbabwe, while also exploring the prospects of bilateral co-operation in technology transfer.

CEO of the Mirny-headquartered firm, Mr Sergey Ivanov, has already met President Emmerson Mnangagwa and is keen on moving into Zimbabwe.

Harare is crafting a new diamond policy and the Zimbabwe Consolidated Diamond Mining Company will be unbundled to open the sector to private investors.

In e-mailed responses to The Sunday Mail recently, Mr Ivanov said "pre-work" was underway "to identify possible areas for co-operation".
- The Sunday Mail
Tags: Russia,


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